Best Affordable Neighborhoods in Akron, OH
Some of the cheapest neighborhoods in Akron are Lane-Wooster, The Waterford at Portage Trail, and Merriman Valley. These neighborhoods offer some of the lowest rent prices in Akron, making them ideal for renters on a budget. As of March 22, 2026, the average rent in Akron is $952, which is 2.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Lane-Wooster
Average Rent
$848/Month
Year-Over-Year Rent Change
1.8%
Units Available
17 Rentals
Lane-Wooster, a diverse neighborhood, offers affordable housing and proximity to local schools and parks. Its community atmosphere and easy access to major highways and downtown Akron make it a perfect spot for families and individuals seeking an affordable suburban lifestyle.
The Waterford at Portage Trail
Average Rent
$904/Month
Units Available
104 Rentals
The Waterford at Portage Trail is an affordable neighborhood in Akron with an average rent price of $904. Compare this to the city average of $952. The Waterford at Portage Trail provides easy access to Seiberling Nature Realm, Liberty Commons Shopping Center, and Stark State College.
Merriman Valley
Average Rent
$942/Month
Year-Over-Year Rent Change
4.3%
Units Available
128 Rentals
If you’re looking for a great, affordable neighborhood in Akron, Merriman Valley might be the perfect place! It has an average rent price of $942, while the city’s average stands at $952. In the last year, prices have increased by 4.3%. Merriman Valley is near Cascade Valley Metro Park - North, Sand Run Metro Park, and University of Akron.
Highland Square
Average Rent
$950/Month
Year-Over-Year Rent Change
2.9%
Units Available
19 Rentals
Highland Square, a trendy, artsy neighborhood, is known for its lively cultural scene, local shops, and restaurants. Its walkability and proximity to downtown Akron make it a perfect spot for young professionals and individuals seeking a lively, urban lifestyle.
Wallhaven
Average Rent
$1,000/Month
Year-Over-Year Rent Change
2.3%
Units Available
10 Rentals
Wallhaven, a bustling neighborhood, offers a mix of residential homes and commercial spaces, with easy access to shopping and dining. Its suburban atmosphere and proximity to local parks and schools make it a perfect spot for families and individuals seeking a balance of convenience and community.
Middlebury
Average Rent
$1,052/Month
Year-Over-Year Rent Change
10.2%
Units Available
26 Rentals
Middlebury, a historic neighborhood, is known for its tree-lined streets and charming homes. Its proximity to downtown Akron, local parks, and shopping make it a perfect spot for those seeking a quiet, residential neighborhood with easy access to city amenities.
East End
Average Rent
$1,063/Month
Year-Over-Year Rent Change
1.8%
Units Available
26 Rentals
East End, a lively neighborhood undergoing revitalization, offers a mix of residential and commercial developments. Its proximity to the University of Akron and the downtown area make it a perfect spot for professionals and students seeking an urban lifestyle.
Northwest Akron
Average Rent
$1,077/Month
Year-Over-Year Rent Change
1.1%
Units Available
17 Rentals
Northwest Akron, a well-established neighborhood, offers spacious homes and access to local parks and schools. Its suburban feel and proximity to major shopping centers and restaurants make it a perfect spot for families and individuals seeking a peaceful community.
Downtown Akron
Average Rent
$1,218/Month
Year-Over-Year Rent Change
1%
Units Available
82 Rentals
Downtown Akron is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Akron is $1,218 while the city average is $952. This is a -1% difference from last year. Residents enjoy convenient access to Quaker Square Mall, Kent State University, and Akron-Canton Regional.
Copley/Fairlawn
Average Rent
$1,312/Month
Year-Over-Year Rent Change
5.1%
Units Available
19 Rentals
When you’re looking for a great Akron neighborhood on a budget, check out Copley/Fairlawn. The average rent is $1,312, compared to the city average of $952. Rent prices have increased by 5.1%. Copley/Fairlawn is convenient to Cuyahoga C.C., Western Campus, Sand Run Metro Park, and Kent State University.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.